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Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Insurance premiums $ 1,335 $ 1,101 $ 2,713 $ 1,811
Fee income 1,454 1,405 2,867 2,796
Net investment income 1,287 1,177 2,478 2,354
Realized gain (loss):        
Total other-than-temporary impairment losses on securities (4) (1) (25) (3)
Portion of loss recognized in other comprehensive income 13
Net other-than-temporary impairment losses on securities recognized in earnings (4) (1) (12) (3)
Realized gain (loss), excluding other-than-temporary impairment losses on securities (274) 34 (616) 58
Total realized gain (loss) (278) 33 (628) 55
Amortization of deferred gain on business sold through reinsurance 7 (1) 13 (2)
Other revenues 123 137 249 241
Total revenues 3,928 3,852 7,692 7,255
Expenses        
Interest credited 673 640 1,344 1,286
Benefits 1,747 1,548 3,544 2,767
Commissions and other expenses 1,215 1,119 2,340 2,127
Interest and debt expense 36 34 74 66
Strategic digitization expense 15 16 31 31
Total expenses 3,686 3,357 7,333 6,277
Income (loss) before taxes 242 495 359 978
Federal income tax expense (benefit) 20 75 4 151
Net income (loss) 222 420 355 827
Other comprehensive income (loss), net of tax: 1,871 (990) 3,866 (2,604)
Comprehensive income (loss) $ 2,093 $ (570) $ 4,221 $ (1,777)